By "Asian currencies" one normally means those of Japan and of the former Asian "tiger" countries—Korea (won), China (yuan), Hong Kong (dollar), Taiwan (dollar), the Philippines (peso), Thailand (baht), Malaysia...

The catalyst for the dramatic October 1976 political confrontation was the return to Thailand in mid-September of former Field Marshall Thanom Kittikachorn as a Buddhist monk, ostensibly to earn merit for his ailing ninety-one-year-old father. Thanom...

The crisis of 1997–8 in the financial sector of five Asian countries: Indonesia, South Korea, Malaysia, the Philippines and Thailand. In 1996 there was a capital inflow into these countries of $73 billion but in 1997 an outflow of $30 billion....

The East Asian Financial Crisis was a period of financial crisis that gripped much of Asia beginning in the summer of (July) 1997 and raised fears of a worldwide economic meltdown (financial contagion). It is also commonly referred to as the East Asian...

Financial globalization in the 1990s effectively dismantled the Asian developmental state and forced East Asia to search for a new political economy model. The paradigm shift in world economic development from state-driven planning to market-driven management has taken place since the late 1980s...

In early July 1997, the Thai baht was devalued following a speculative attack by currency traders. The fallout from this event went far beyond the usual consequences of speculative currency attacks. Devaluations followed in Malaysia, the Philippines, Indonesia, and South Korea. In all five...